Jet Fuel Demand Poised For A 30% Surge During Summer

The air travel industry is at a critical inflection point. Steady vaccination rollouts and falling infection rates in most Western economies are allowing commercial travel to resume after more than a year of downtime. Rebooked holiday trips, postponed family reunions, meeting newborn kids, weddings, attending memorial services for loved ones are the new norm-- All that pent-up travel demand is expected to trigger a 30% surge in jet fuel demand during the summer compared to first quarter levels.  Yet, jet fuel remains one of the biggest weak…